Black Swan Event
April 10th, 2008 12:59 pm | by John Jansen |Paid up subscriber hedgingrisk posted a link to the San Francisco Federal Reserve website which connects to a paper by John Taylor and John Taylor which describes the conflagration in the money markets last August which in retrospect was the opening salvo in what has been a protracted battle. Enjoy!
2 Responses to “Black Swan Event”
By hedgingrisk on Apr 10, 2008 | Reply
I try not to babble to much here… I am known as the stupid equity guy on the net… not a bad term… just an honest statement of reality.
In the late 90’s I was working at Bonds & Asia… when they had 5% of the muni bonds under management and owned about 7% of the HK market.
It is good to have access to a real view of the bond side of the ledger… again…
Thank you sir for taking the time to share your thoughts…
~SEG
~SEG
By John Jansen on Apr 11, 2008 | Reply
i enjoy writing this and appreciate your compliments.